You still hear the old line from Republicans, “Oh, what are you going to do, blame Bush for this too?” Basically, it’s a jab at liberals who still blame Bush for an economy that isn’t yet fully recovered from our 2008 economic crash.
These people act as if fixing a mess is as easy as creating one.
And let’s not forget President Obama didn’t just have to fix a giant mess, he did so with an entire political party actively trying to sabotage his efforts.
They’ll tag all these numbers on President Obama such as: We lost 4.5 million jobs while Obama has been in the White House.
I guess we should just pretend that Obama didn’t assume office in the middle of the worst recession in nearly a century. What was he supposed to do, wave a magic wand and make the job losses stop on January 21, 2009? Hell, he cut them by more than half within his first 3 months in office—I’d say that’s pretty damn good.
Or they’ll go after his spending, saying stupid things like: Obama has spent more than any other President in history.
It’s impossible for Obama to have spent more than every other President in history, because he hasn’t doubled our national debt. He took office with a $10 trillion national debt, and it currently sits at $16 trillion. For him to have spent more than every other President combined it would, at minimum, need to be over $20 trillion–it isn’t. And we’re not even factoring in the fact that fiscal year 2009 spending (almost $3 trillion) was put into place largely by Bush, not Obama.
Maybe I should just cover how budgets work. You see, the money spent in 2009 that gets lumped in with Obama’s spending—was actually approved and passed in 2008 under Bush. Spending for the current fiscal year is passed the previous year.
And of course there are the wars, 2 of them to be exact. What the Bush administration did was cleverly back-load much of the cost for both wars so that when their true cost began to hit our national debt, the next President would have to deal with the ramifications.
Speaking of the wars, Bush didn’t finish those. He damn sure started them, but that’s about all he did—that and screw both of them up. In fact, what Bush actually did was start 2 wars, then cut our nation’s revenue by cutting taxes.
This is basically like someone buying a brand new house and a shiny new car, then taking a giant pay cut to the point where they can’t afford to pay for their brand new house and car.
But then there’s always the deregulation of Wall Street.
Pop quiz: What sector of our economy—crashed our economy? Oh, that’s right, the very same Wall Street which Bush, and his Congressional Republicans, helped deregulate.
Which of course leads into Bush’s other big spending measures like the TARP bailout, his 3 stimulus bills and his Medicare Part D bill (there are others). All three of these will end up costing taxpayers well over $1 trillion as well.
So let’s see, Bush..
- Started 2 wars, which have cost American taxpayers well over $1 trillion
- Cut taxes, which reduced the revenue being brought in by the federal government to pay our bills, creating giant deficits
- Used accounting tricks to push much of the costs for both wars to the end of his presidency so the next President would have to deal with them
- Passed 3 different stimulus bills totaling hundreds of billions of dollars
- Passed Medicare Part D, again totaling hundreds of billions of dollars
- Deregulated Wall Street, leading to rampant corruption—which was the driving force behind our economic collapse
- Bailed out Wall Street by passing the TARP bailout, also totaling hundreds of billions of dollars
- Left office with a national debt nearly double what it was when he took office and destroyed a balanced budget in the process
In other words, Bush created a catastrophe the likes of which the world has never seen before. This economic crash didn’t just take out our economy, it put most of the world’s leading economies into a recession.
Then Obama is elected, and suddenly none of that happened. It’s all his fault. Even the stuff that happened before he took office. These people act as if the cause of a problem ceases to be the cause just because a certain amount of time has passed.
Tell me, if someone is married and their spouse cheats, causing them to lose trust in the opposite sex—does that infidelity suddenly not become the driving force behind their mistrust of the opposite sex just because a certain amount of time has passed?
A cause is a cause, no matter how much time has passed.
Now I could get the argument if our economy recovered, then faced new economic problems, but we’re still overcoming our economic crash of 2008. And like I said before, it’s much easier to destroy something than it is to repair it. You can completely demolish a 3,000 square foot home in a matter of an hour, yet it takes months to build one.
The way in which our economy crashed was much more complicated than that. The “ripple effects” from it are still slowly filtering through our society.
Then again there’s always the glaring truth Republicans won’t admit—their party is still the cause for a slow recovery. Once they took some power back in Congress, nothing has been done. Hell, Mitch McConnell flat out said 2 years before this past November’s election that making Obama a one-term President was their party’s top priority.
So tell me, how would they help the economy, create jobs and aid Americans if their main goal was making the President look bad? How in the hell do you get a President to lose his bid for re-election with a strong economy that’s growing rapidly?
The answer is simple–you don’t. They sabotaged and stalled, hoping that whatever they did would stunt economic growth just enough so that Obama wouldn’t see a second term and they could take back the White House.
So when Republicans say liberals can’t blame Bush anymore, just tell them…
You’re damn right we can. Because we’re still having to fix the catastrophic mess he created. That didn’t just go away because his time in the White House ran out.
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